€100 in 2008
is worth
€98.10
in 2008

Value of €100 from 2010 to 2008

According to the European Central Bank consumer price index, prices in 2008 are
1.9% lower than
average prices since 2010.
The Euro experienced an average inflation rate of 0.96% per year during this period, causing the real value of a euro to decrease.

In other words, €100 in 2010 is equivalent in purchasing power to about €98.10 in 2008, a difference of €-1.90 over 2 years.

The 2008 inflation rate was 3.34%. The inflation rate in 2010 was 1.61%.
The 2010 inflation rate is higher compared to the average inflation rate of 1.27% per year between 2010 and 2020.

€100 in 2010 has the same "purchasing power" or "buying power" as €98.10 in 2008.

To get the total inflation rate for the 2 years between 2008 and 2010, we use the following formula:

CPI in 2008 - CPI in 2010CPI in 2010

×

100

=

Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

91.50833333 - 93.2893.28

×

100

=

-2%

News headlines from 2008

Politics and news often influence economic performance. Here's what was happening at the time:

The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.

Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.

An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.

The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

Data Source & Citation

Raw data for these calculations comes from
the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page:
“€100 in 2010 → 2008 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 7 Jun. 2020, https://www.officialdata.org/2010-euro-in-2008?amount=100.

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.